0
This is called "excess" or sometimes, "umbrella" coverage. It can be written by the same insurer that writes the primary limits if it offers such coverage. If it does not, you may have go to another insurer for it. The excess insurer may require a minimum primary coverage limit before it will issue such a policy. Typically, it is less costly than primary insurance because it does not have an obligation to pay until primary limits are exhausted. It can usually be had in both personal and commercial lines of insurance and in varying amounts.
What else can I help you with?
What did one tailpipe say to the other?
boy am i exhausted
Does Progressive give insurance quotes from other companies?
Yes, Progressive gives insurance quotes from other companies. According to their website, they do this in order to help you find the best possible option for you when it comes to auto insurance.
Is home business insurance mandatory?
Certain forms of business insurance are mandatory and required by law. One example is worker's compensation insurance which must be carried by all businesses in all states. Other forms such as disability insurance are not required in all states so it varies by what state you live in. Most other forms of business insurance are not mandatory but are highly recommended.
What are the benefits of personal umbrella insurance?
Personal umbrella insurance is a personal liability policy that kicks after your other insurances have been exhausted. If you are sued for $1 million for a car accident and your auto insurance will only pay up to $300k, your personal umbrella policy will pay the remaining sum (assuming your umbrella policy is large enough).
Do paramedics need additional insurance other than by their employer?
up here in Canada we don't need to buy extra insurance. we operate under the license of a medical doctor and that's where our insurance comes from.
What other words can you use other than tired?
Exhausted, sleepy, dozy
How is a theft of a vehicle work when there are two insurance policies?
The policy with the broadest scope of coverage is primary. The other policy with less coverage would be considered secondary and does not invoke until or unless the coverage from the primary policy is exhausted.
Do you need insurance tax and MOT to ride a quad bike on the road?
motorcycle insurance, like most other insurance, involves a labyrinth of unfamiliar terms and hoops to jump through when it comes to getting the cheapest insurance. For More:This answer is for UK citizens only.
What companies offer the best rates on Burial Insurance?
Colonial Penn life insurance is by far the cheapest when it comes to burial costs. You should check with insurance companies like this one. Make sure you read reviews from other sites not just the insurance companies!
What does excluded driver mean on policy?
One of my family members was hit by a driver who carried insurance but was an "excluded" driver on the policy of the car she was driving. After talking to the other person's insurance company, an excluded driver is essentially equivalent to an uninsured motorist. That means that his/her insurance company will not represent them and that, if they are liable for the accident, your insurance company can go after them personally for the damages.
Is in many other countries health insurance is considered as a part of life insurance?
In India, LIC of India sells health policy viz., Jeevan Arogya. But technically, health insurance policy comes within the purview of general insurance. Star Health & Allied Insurance Co.Ltd. in the general insurance sectors sells only Health insurance polcies.
What is the rule of thumb when it comes to determining the appropriate use of a nuke?
The rule of thumb for determining the appropriate use of a nuclear weapon is to only use it as a last resort in self-defense when all other options have been exhausted.
